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Avant Group (3836) · RiskMaterialised

Cuts and postponement of IT investment by client companies

First written in FY2017. 2 of 4 entries say "Materialised", first in FY2020. Latest entry: FY2021-Q1.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY20182017: 120172018: 120182019: 020192020: 22020
Same theme, other companies
Reduced IT investment and declines in contracts and purchases due to deteriorating business performance and economic conditions among corporate customersA theme 84 companies write about · 87 as a headwind · 0 as a tailwind

Avant Group moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.

2 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 84 companies compared. The sentences above are computed from all 84.
Full recordFilings, disclosures and news, newest first
  1. FY2021-Q1MaterialisedAnnual report

    「Toward the end of the previous fiscal year, domestic companies began postponing IT investment due to the spread of COVID-19, with investment frozen in some industries severely affected by the pandemic, and our group had also begun to see an impact on orders.」

    Regarding the existing risk of customer companies reducing or postponing IT investment, it was disclosed that postponements and freezes had actually occurred and that the impact on orders had continued.
  2. FY2020MaterialisedAnnual report

    「As the COVID-19 pandemic spread, domestic companies began postponing IT investment, while some industries severely affected by the pandemic began freezing such investment, and our group has also begun to see some impact on orders.」

    Regarding the existing risk of customers reducing or postponing IT investment, it is disclosed that postponements and freezes have actually occurred due to COVID-19, with some impact on orders.
  3. FY2018RestatedAnnual report

    「IT investment is heavily influenced by the economic environment and corporate earnings conditions, and investment may be reduced or discontinued depending on these trends.」

    The risk that customer companies may reduce or discontinue IT investment due to their economic and earnings conditions continues to be disclosed. For decision-support products, the possibility of postponed investment has also been added.
  4. FY2017First statedAnnual report

    「IT investment is heavily influenced by the economic environment and corporate earnings conditions, and investment may be reduced or discontinued depending on these trends.」

    The risk that customer companies may reduce or discontinue IT investment due to their economic and earnings conditions is disclosed as an order risk.
Moved together

"Constraints on Customer IT Investment Due to the Spread of COVID-19" moved the same way as this thread, in the same document, in 2 of its 4 moves.

2★1
  1. ★This thread
  2. 1Constraints on Customer IT Investment Due to the Spread of COVID-192×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Avant Group's next results are scheduled for 2026-10-30. Read the earnings preview
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Cuts and postponement of IT investment by client companies | AVANT GROUP CORPORATION (3836) | Komori